Big Game Inc. operates gaming stores across the country. Selected comparative financial statement data are shown below.

Instructions
(a) Calculate the following liquidity ratios for 2017 and 2016.
1. Current ratio
2. Acid-test ratio
3. Receivables turnover
4. Collection period
5. Inventory turnover
6. Days sales in inventory
7. Operating cycle
(b) Indicate whether each of the liquidity ratios calculated in part (a) is better or worse in 2017.

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BIG GAME INC. Balance Sheet (partial) December 31 (in millions) 2017 2016 2015 Current assets Cash Short-term investments Accounts receivable Inventory Prepaid expenses $ 795 676 898 41 $2,465 $1,890 $ 91 60 586 525 52 $1,314 $ 825 S 60 40 496 575 29 $1,200 750 Total current assets Total current liabilities Additional information: (in millions) Net credit sales Cost of goods sold 2017 $8,258 5,328 2016 $3,940 2,650